Sundram Fasteners Stock

Sundram Fasteners Dividend 2024

Sundram Fasteners Dividend

4.17 INR

Sundram Fasteners Dividend yield

0.31 %

Ticker

SUNDRMFAST.NS

ISIN

INE387A01021

How much dividend does Sundram Fasteners 2024 pay?

According to the latest status from November 2024, Sundram Fasteners paid a total of 4.17 INR per share in dividends within the last 12 months. With the current Sundram Fasteners price of 1,345.1 INR, this corresponds to a dividend yield of 0.31 %. A dividend is paid times per year.

0.31 % Dividend Yield=
4.17 INR Dividend
1,345.1 INR Stock Price

Historical Sundram Fasteners Dividends

A dividend is paid times per year. Last year, the payout months were June and December.

PaydateDividend
7/3/20244.17
12/16/20232.68
6/16/20233.06
12/17/20223.57
3/21/20226.45
6/18/20213.4
12/12/20201.3
4/4/20202.8
12/14/20191.35
6/20/20193.1
12/9/20182
6/17/20182.7
12/13/20171.9
9/10/20172.8
12/10/20161.7
4/17/20161.3
12/13/20150.85
7/9/20150.9
12/17/20140.85
7/10/20141
1
2
3

Sundram Fasteners dividend history and estimates

In 2023, Sundram Fasteners paid a dividend amounting to 5.74 INR. Dividend means that Sundram Fasteners distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Sundram Fasteners provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Sundram Fasteners’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Sundram Fasteners's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Sundram Fasteners Dividend History

DateSundram Fasteners Dividend
2028e4.65 undefined
2027e4.65 undefined
2026e4.66 undefined
2025e4.63 undefined
20244.17 undefined
20235.74 undefined
202210.02 undefined
20213.4 undefined
20204.1 undefined
20194.45 undefined
20184.7 undefined
20174.7 undefined
20163 undefined
20151.75 undefined
20141.85 undefined
20131.5 undefined
20122 undefined
20110.7 undefined
20101.45 undefined
20090.5 undefined
20080.45 undefined
20070.9 undefined
20060.85 undefined
20050.93 undefined

Is the Sundram Fasteners Dividend Safe?

Sundram Fasteners has been increasing the dividend for 2 years.

Over the past 10 years, Sundram Fasteners has increased it by an annual 8.467 %.

Over a five-year period, the distribution increased by -1.291%.

Analysts expect a Dividend Increase of 5.395% for the current fiscal year.

Sundram Fasteners dividend payout ratio

In 2023, Sundram Fasteners had a payout ratio of 30.83%. The payout ratio indicates the percentage of the company's profits that Sundram Fasteners distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Sundram Fasteners represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Sundram Fasteners could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Sundram Fasteners's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Sundram Fasteners Payout Ratio History

DateSundram Fasteners Payout ratio
2028e34.5 %
2027e33.94 %
2026e33.17 %
2025e36.4 %
202432.27 %
202330.83 %
202246.09 %
202119.89 %
202026.5 %
201920.44 %
201825.54 %
201729.27 %
201650 %
201528 %
201432.17 %
201333.78 %
201242.19 %
201113.06 %
201064.73 %
200932.05 %
200813.12 %
200726.71 %
200630.36 %
200527.45 %

Dividend Details

Understanding Sundram Fasteners's Dividend Distributions

Sundram Fasteners’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Sundram Fasteners's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Sundram Fasteners's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Sundram Fasteners’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Sundram Fasteners Aktienanalyse

What does Sundram Fasteners do?

Sundram Fasteners Ltd is an Indian company based in Chennai, Tamil Nadu. The company was founded in 1962 and has since become one of the leading manufacturers of high-precision and high-performance screws, bolts, and other fasteners. The history of Sundram Fasteners Ltd began with a small shop where the founder S.V. Sundram manufactured electrical connectors. Over time, he expanded his product range to include industrial screws and bolts and eventually started his own company. In the following years, the company expanded and built several factories throughout India. Today, Sundram Fasteners Ltd is a multinational corporation that distributes its products in over 60 countries worldwide. The business model of Sundram Fasteners Ltd is based on innovation, quality, and customer satisfaction. The company continuously invests in research and development and works closely with its customers to find customized solutions for their specific requirements. By using state-of-the-art technologies and production methods, the company can manufacture highly precise fasteners that meet the highest safety and performance standards. Sundram Fasteners Ltd is divided into various divisions specializing in different industries. The Automotive Division manufactures fasteners for vehicles and is one of the major suppliers for Indian automobile manufacturers. The Industrial Fasteners Division and Exports Division produce fasteners for heavy industries, the oil and gas industry, and other industrial sectors. The Aero Division produces high-quality fasteners for the aviation industry and is certified according to AS 9100D and ISO 9001:2015. Sundram Fasteners Ltd offers a wide range of products, including screws, bolts, nuts, washers, and other fasteners. The company also provides customized solutions tailored to the specific requirements of customers. The products of Sundram Fasteners Ltd are known for their quality, reliability, and durability and are appreciated by customers worldwide. Overall, over the years, Sundram Fasteners Ltd has become one of the leading manufacturers of fasteners in India and worldwide. The company has earned a reputation for innovation, quality, and customer satisfaction and will continue to play an important role in the development of the fastener industry in the future. Sundram Fasteners is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Sundram Fasteners stock

How much dividend does Sundram Fasteners pay?

Over the past 12 months, Sundram Fasteners paid a dividend of 4.17 INR . This corresponds to a dividend yield of about 0.31 %. For the coming 12 months, Sundram Fasteners is expected to pay a dividend of 4.63 INR.

What is the dividend yield of Sundram Fasteners?

The current dividend yield of Sundram Fasteners is 0.31 %.

When does Sundram Fasteners pay dividends?

Sundram Fasteners pays a quarterly dividend. This is distributed in the months of December, June, December, July.

How secure is the dividend of Sundram Fasteners?

Sundram Fasteners paid dividends every year for the past 24 years.

What is the dividend of Sundram Fasteners?

For the upcoming 12 months, dividends amounting to 4.63 INR are expected. This corresponds to a dividend yield of 0.34 %.

In which sector is Sundram Fasteners located?

Sundram Fasteners is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Sundram Fasteners kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sundram Fasteners from 6/19/2024 amounting to 4.17 INR, you needed to have the stock in your portfolio before the ex-date on 6/3/2024.

When did Sundram Fasteners pay the last dividend?

The last dividend was paid out on 6/19/2024.

What was the dividend of Sundram Fasteners in the year 2023?

In the year 2023, Sundram Fasteners distributed 5.74 INR as dividends.

In which currency does Sundram Fasteners pay out the dividend?

The dividends of Sundram Fasteners are distributed in INR.

Andere Kennzahlen von Sundram Fasteners

Our stock analysis for Sundram Fasteners Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sundram Fasteners Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.